Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2017 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (2) TMI 783 - AT - Income TaxDisallowance of certain professional fees - Held that:- It is an admitted position that the payee was non-professional entity to which the ‘success based’ fees has been paid. So far as the legality of the payment is concerned, a perusal of the case laws cited by the Ld. AR, give rise to conclusion that there was no illegality in such mode of payment to non-professional entities. The impugned payments were incurred by the assessee against services rendered and for the purposes of the assessee’s business and hence, allowable. The appeal of the assessee stands allowed.
|